The regulatory landscape around Cannabis in Sonoma County and California more broadly is evolving rapidly. Follow our blog for the latest in commentary and analysis of the evolving issues and regulation.
Cannabis tax relief hurts children and the disadvantaged, which it promised to support
February 26, 2022
On Feb 16th, the North Bay Business Journal reported youth and social justice groups across the state, including the North Bay, countered with a letter requesting the taxes remain for their own survival.The letter signed by 152 children’s advocacy groups claims that if state lawmakers “lower, suspend and/or eliminate the tax rates approved by voters in Proposition 64, we will see an immediate, negative impact on thousands of children living in poverty and children of color across our state.”
Read MorePrice of cannabis – is it really all that bad?
February 20, 2022
The Cannabis industry is experience normal economic growing pains. They over produced driving down prices, now supply/demand is coming into balance with high prices. No tax relief should be provided for normal business cycles.
Read MoreCannabis banking reports record growth all the while the cannabis industry wants tax relief
February 17, 2022
Sonoma County’s North Bay Credit Union points to cannabis banking for record growth, yet the cannabis industry wants a tax break!
Read MoreThis Is A Supply Demand Mismatch, Not A Tax Issue
February 16, 2022
The Cannabis industry has come to both Sonoma County and the State of California asking for tax relief. The industry claims the recent drop in prices makes their cultivation taxes unaffordable. Taxes are not their real problem and tax relief in not the real long term solution.
Read MoreOpen Letter to Senator McGuire
February 14, 2022
Senator McGuire has proposed a state-wide tax break for cannabis on the basis of the project budget excess - we ask if this if this is really how CA should be spending a (rare) windfall!
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